2018 Lincoln E Way Chambersburg, PA 17202
This exceptional investment opportunity presents a 31,240-square-foot, newly constructed (2024) Chambersburg, PA auto dealership on a 5.26-acre lot. Located at 2018 Lincoln Way E, Chambersburg, PA 17202, the property boasts a strong 7.25% cap rate and a substantial net operating income (NOI) of $720,000. The property is currently operating at 100% occupancy under a 20-year NNN lease with a corporate guarantee from a reputable operator with a proven track record. The lease includes a 2% annual rent increase, projecting a 49% rent increase over the initial 20-year term. Furthermore, four 5-year renewal options are included, potentially leading to a 121% rental increase over a 40-year period. This presents a secure, long-term investment with significant potential for future income growth. The asking price is $9,931,034, translating to $317.89 per square foot. This is a rare opportunity to acquire a high-performing, net-leased asset with a strong tenant and exceptional long-term growth prospects. The property is classified as retail, with subtypes of auto shop and storefront.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.